About Foley Catheters
A Foley catheter, also called the indwelling catheter, is inserted into the bladder to drain urine. It comprises a balloon that holds the catheter in the bladder at one end. The balloon is filled with sterile water to prevent the catheter from being removed from the bladder. Urine is drained through the catheter tube into a collection bag. Foley catheters are used for long periods such as for weeks or a month. These catheters are used after urological surgeries to help patients urinate with ease, in conditions such as nerve-related bladder dysfunction prostate hypertrophy, prostate cancer, and narrowing of the urethra.
TechNavio's analysts forecast the Global Foley Catheters market to grow at a CAGR of 2.65 percent over the period 2015-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Foley Catheters market for the period 2015-2019. In terms of product type, the market is segmented into three: 2-way, 3-way, and 4-way Foley Catheters.
TechNavio's report, the Global Foley Catheters Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Foley Catheters market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Foley Catheters Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Foley Catheters Market: Cook Medical Inc., Covidien plc, C.R. Bard Inc. and Teleflex Medical Inc.
Other Prominent Vendors in the market are: Apexmed International, Asid Bonz, Coloplast, ConvaTec, Dynarex, LeoMed, Poiesis Medical, SISCO Latex and Utah Medical Products
Commenting on the report, an analyst from Technavio’s team said: “Increased adoption of Foley catheters coated with materials such as Teflon, silicone elastomer, and hydrogels is a major trend upcoming in this market.”
According to the report, the increase in the aging population is a major contributor to the growth of the market. It is estimated that there will be about 2 billion people aged 60 and above by 2050. As a person ages, the incidence of urinary incontinence also increases thereby, creating a demand for urinary catheters. Nearly 200 million people above the age of 65 worldwide are affected by urinary incontinence.
Further, the report states that one of the major challenges in the market is the presence of alternative treatment options. Fixer-occluder devices for incontinence, urethral plugs, vaginal slings, absorbent pads or underwear, and medications such as fesoterodine are more acceptable to patients.
Cook Medical , Covidien, C.R. Bard , Teleflex Medical , Apexmed International, Asid Bonz , Coloplast , ConvaTec, Dynarex, LeoMed , Poiesis Medical, SISCO Latex , Utah Medical Products Inc.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook